Two Seas Capital LP Hedge Fund

Location: Rye, NY

CIK: 0001823138 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 14, 2024

Total Value: $615M (96.9% shares, 3.1% debt)

Holdings (20)

— INDIVIOR PLC 33.1%

Value $204M Shares 12,630,026 Share Price $16.12 Est. Cost/Share $23.71 Unrealized @ Report Date —

ROIV ROIVANT SCIENCES LTD 17.7%

Value $109M Shares 10,318,764 Share Price $10.57 Est. Cost/Share $6.78 Unrealized @ Report Date +56.0%

CORZ CORE SCIENTIFIC INC NEW 9.4%

Value $58.03M Shares 6,239,591 Share Price $9.30 Est. Cost/Share $4.10 Unrealized @ Report Date +126.8%

TLN TALEN ENERGY CORP 8.4%

Value $51.7M Shares 465,683 Share Price $111.02 Est. Cost/Share $105.50 Unrealized @ Report Date +5.2%

— AVADEL PHARMACEUTICALS PLC 4.8%

Value $29.74M Shares 2,115,279 Share Price $14.06 Est. Cost/Share $14.06 Unrealized @ Report Date —

VST VISTRA CORP 4.4%

Value $27M Shares 314,082 Share Price $85.98 Est. Cost/Share $61.36 Unrealized @ Report Date +38.8%

ABUS ARBUTUS BIOPHARMA CORP 4.3%

Value $26.49M Shares 8,571,751 Share Price $3.09 Est. Cost/Share $2.66 Unrealized @ Report Date +16.2%

— ESPERION THERAPEUTICS INC NE 3.1%

Value $18.82M Shares 20,315,000 Share Price $0.93 Est. Cost/Share $0.59 Unrealized @ Report Date —

IMVT IMMUNOVANT INC 3.0%

Value $18.28M Shares 692,406 Share Price $26.40 Est. Cost/Share $30.74 Unrealized @ Report Date -14.1%

META META PLATFORMS INC 2.5%

Value $15.61M Shares 30,958 Share Price $504.22 Est. Cost/Share $259.39 Unrealized @ Report Date +93.4%

ESPR ESPERION THERAPEUTICS INC NE 2.1%

Value $12.73M Shares 5,735,660 Share Price $2.22 Est. Cost/Share $1.68 Unrealized @ Report Date +32.1%

SONO SONOS INC 1.7%

Value $10.39M Shares 703,928 Share Price $14.76 Est. Cost/Share $16.85 Unrealized @ Report Date -12.4%

GOOGL ALPHABET INC 1.5%

Value $8.993M Shares 49,371 Share Price $182.15 Est. Cost/Share $154.83 Unrealized @ Report Date +16.9%

ARQT ARCUTIS BIOTHERAPEUTICS INC 1.2%

Value $7.088M Shares 762,190 Share Price $9.30 Est. Cost/Share $7.46 Unrealized @ Report Date +24.6%

OMEX ODYSSEY MARINE EXPL INC 0.9%

Value $5.615M Shares 1,150,666 Share Price $4.88 Est. Cost/Share $5.35 Unrealized @ Report Date -8.7%

SHC SOTERA HEALTH CO 0.7%

Value $4.154M Shares 350,000 Share Price $11.87 Est. Cost/Share $14.39 Unrealized @ Report Date -17.5%

EXEL EXELIXIS INC 0.4%

Value $2.501M Shares 111,300 Share Price $22.47 Est. Cost/Share — Unrealized @ Report Date —

WULF TERAWULF INC 0.4%

Value $2.225M Shares 500,000 Share Price $4.45 Est. Cost/Share $2.70 Unrealized @ Report Date +64.9%

CORZZ CORE SCIENTIFIC INC NEW 0.3%

Value $2.025M Shares 233,540 Share Price $8.67 Est. Cost/Share $2.41 Unrealized @ Report Date —

CORZW CORE SCIENTIFIC INC NEW 0.2%

Value $1.264M Shares 280,248 Share Price $4.51 Est. Cost/Share $1.33 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INDIVIOR PLC	12,630,026	$204M	33.1%	$16.12	$23.71	—	ORD	G4766E116
ROIV	ROIVANT SCIENCES LTD	10,318,764	$109M	17.7%	$10.57	$6.78	+56.0%	SHS	G76279101
CORZ	CORE SCIENTIFIC INC NEW	6,239,591	$58.03M	9.4%	$9.30	$4.10	+126.8%	COM	21874A106
TLN	TALEN ENERGY CORP	465,683	$51.7M	8.4%	$111.02	$105.50	+5.2%	COM	87422Q109
—	AVADEL PHARMACEUTICALS PLC	2,115,279	$29.74M	4.8%	$14.06	$14.06	—	COM SHS	G29687103
VST	VISTRA CORP	314,082	$27M	4.4%	$85.98	$61.36	+38.8%	COM	92840M102
ABUS	ARBUTUS BIOPHARMA CORP	8,571,751	$26.49M	4.3%	$3.09	$2.66	+16.2%	COM	03879J100
—	ESPERION THERAPEUTICS INC NE	20,315,000	$18.82M	3.1%	$0.93	$0.59	—	NOTE 4.000%11/1	29664WAB1
IMVT	IMMUNOVANT INC	692,406	$18.28M	3.0%	$26.40	$30.74	-14.1%	COM	45258J102
META	META PLATFORMS INC	30,958	$15.61M	2.5%	$504.22	$259.39	+93.4%	CL A	30303M102
ESPR	ESPERION THERAPEUTICS INC NE	5,735,660	$12.73M	2.1%	$2.22	$1.68	+32.1%	COM	29664W105
SONO	SONOS INC	703,928	$10.39M	1.7%	$14.76	$16.85	-12.4%	COM	83570H108
GOOGL	ALPHABET INC	49,371	$8.993M	1.5%	$182.15	$154.83	+16.9%	CAP STK CL A	02079K305
ARQT	ARCUTIS BIOTHERAPEUTICS INC	762,190	$7.088M	1.2%	$9.30	$7.46	+24.6%	COM	03969K108
OMEX	ODYSSEY MARINE EXPL INC	1,150,666	$5.615M	0.9%	$4.88	$5.35	-8.7%	COM NEW	676118201
SHC	SOTERA HEALTH CO	350,000	$4.154M	0.7%	$11.87	$14.39	-17.5%	COM	83601L102
EXEL	EXELIXIS INC	111,300	$2.501M	0.4%	$22.47	—	—	Call	30161Q104
WULF	TERAWULF INC	500,000	$2.225M	0.4%	$4.45	$2.70	+64.9%	COM	88080T104
CORZZ	CORE SCIENTIFIC INC NEW	233,540	$2.025M	0.3%	$8.67	$2.41	—	*W EXP 01/23/202	21874A130
CORZW	CORE SCIENTIFIC INC NEW	280,248	$1.264M	0.2%	$4.51	$1.33	—	*W EXP 01/23/202	21874A114